Nuclear, renewables take centre stage in new Ontario electricity plan

EDITOR’S NOTE: This article originally appeared on The Trillium, a new Village Media website devoted exclusively to covering provincial politics at Queen’s Park.Ontario’s energy minister released a plan on Monday to guide the provincial power system for the next 30 years as demand on the grid is expected to surge in the next few days.

“It will also maintain our diverse supply mix, positioning Ontario perfectly to support electrification and energy affordability while competing for international investments, which are looking for jurisdictions that provide access to clean, reliable electricity,” he added. As part of that effort, in May Smith announced new energy storage and gas plant contracts that will net the province about 1,300 of the 4,000 required megawatts, with more contracts to be announced later this summer. “Once this competitive process is complete in 2024, there will still be a need for additional generation in the 2030s,” the new plan said.

Hello hydro Smith is also telling the IESO to determine whether more hydro fits with Ontario’s energy needs. Only one hydro storage project currently operates in Ontario, the Sir Adam Beck Complex in Niagara, which produces 175 megawatts. The project “will be a critical component of Ontario’s growing clean economy and will deliver significant benefits and savings to consumers, said Corey Hessen, executive vice president of power and energy solutions at TC Energy.

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